https://www.taxtmi.com/caselaws?id=266694 The Tribunal dismissed the appeal challenging the Order-in-Appeal confirming interest demand but setting aside the penalty. The issue centered on interest recoverability based on the date of goods clearance, particularly in cases of post-clearance price revisions. Relying on Supreme Court precedents, the Tribunal held that interest liability starts from the month following the duty's due date, emphasizing the due date's importance in relation to goods clearance. Dismissing the appeal, the Tribunal underscored the binding nature of Supreme Court judgments over conflicting High Court decisions, ultimately upholding the interest demand. en-us Mon, 15 Sep 2014 00:00:00 +0530 Thu, 22 Oct 2015 21:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266694 The Tribunal dismissed the appeal challenging the Order-in-Appeal confirming interest demand but setting aside the penalty. The issue centered on interest recoverability based on the date of goods clearance, particularly in cases of post-clearance price revisions. Relying on Supreme Court precedents, the Tribunal held that interest liability starts from the month following the duty's due date, emphasizing the due date's importance in relation to goods clearance. Dismissing the appeal, the Tribunal underscored the binding nature of Supreme Court judgments over conflicting High Court decisions, ultimately upholding the interest demand. Case-Laws Central Excise Mon, 15 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266694